US Hotel Industry Records Best Performance Since Pre-Pandemic
May 25, 2021 | Patrick Clarke | Travel Pulse
In yet another promising sign for travel and tourism’s recovery, the U.S. hotel industry saw its highest monthly performance levels since the month before the COVID-19 pandemic in April 2021, according to the latest data from STR.
Occupancy for the month reached 57.5 percent, average daily rate (ADR) climbed to $110.34 and revenue per available room (RevPAR) came in at $63.46. Occupancy and RevPAR were the highest achieved for any month since February 2020 and ADR was the highest it’s been since the pandemic was initially declared in March 2020.
Despite the progress, the figures remain far below the pre-pandemic comparable of April 2019. Occupancy was down 15.2 percent compared to two years earlier while ADR was 16 percent lower and RevPAR was down 28.8 percent.
